The Premier League duo are keen on bringing the Brazilian to England this summer.

The Atletico Madrid ace is out of contract in 12 months time, and the Spanish side are eyeing a transfer now rather than losing him for nothing at the end of next season.

United came close to wrapping up a deal for Miranda last summer before a deal fell through.

WANTED: There is a battle for Miranda's services this summer [AFP]

And they could be about to miss out again, with Italian giants AC Milan now in the running to land the 30-year-old.

Milan are not in European competition for the 2015-16 campaign, and Atletico will be keen to sell to a club who won't be a rival in the Champions League next season.

The San Siro outfit are desperate to reinforce their squad this season following their dismal Serie A season, which saw them record a 10th-place finish.

Chelsea and United are both desperate to add quality to their squads ahead of an assault on Europe.

Jose Mourinho wants his side to bounce back from their early exit from this year's competition, while Louis van Gaal needs to add experience to the United defence for their return to the Champions League after a year away.